Iron Ore Mining in Mozambique

Iron ores are solid naturally occurring mineral aggregates found in various forms including rocks and meteorites from which metallic iron can be economically extracted. Earth has huge deposits of iron ores within its surface. These iron ore concentrates are rich in oxide and are available in various colours including yellow, blue, grey and rusty red. Iron obtained for from iron ores is used as world’s commonly used metal primarily in structural mining applications including automobile, pharmaceutical and general industrial applications.

What is Iron Ore Mining?

The mining activity of extracting iron ores economically from the earth’s upper crust is defined as iron ore mining. Mining iron ore is a high volume low margin business practiced widely allover the world, as the economic price of iron extraction is quite low as compared to other minerals. World production of iron ore averages more then one billion metric tones annually. Iron ore mines at present times seems to be quite vast, however mathematics suggest that iron ore reserves would soon deplete if the consumption rate increases exponentially.  

Iron ore mining methods differ according to the type of ore being mined. Depending on geographical locations there are basically four types of iron ores:

• Magnetitie      
• Titanomagnetite
• Hematite 
• Pisolitic

Iron Ore Mining Industry in Mozambique
Since long time mineral industry in Mozambique has played a significant role in world’s mineral production. Also regarded as “the hidden gem of the Indian Ocean coast of East Africa”, Mozambique, a country of south east Africa is one of the most important player of iron ore mining activity. Mozambique has become one of the most stable realms and is yet relatively under explored. Owing to high quality iron ores in Mozambique, iron ore mining companies from around the globe are now eyeing to explore Mozambique iron ore mines. Inherent moisture content found in iron ores in Mozambique is quite less and the ash content is high as compared to iron ores found in other paces. The self sufficiency ratio of key raw materials of the country is well above many other iron ore mining countries. Recent iron ore exploration and mining has discovered new iron ore mines in Nampula province in northern Mozambique. Recent tests show that iron produced here is of marketable grade. The low cost iron ore produced here is one of the major reasons why mining companies are now opting for Mozambique over other leading countries including Australia, US and even China.     

Prospects of Iron Ore Mining in Mozambique

• International Finance Corporation (IFC), arm of the World Bank has announced to fund and invest in the infrastructure of iron ore mines in Mozambique. This has boosted the confidence of various mineral mining companies to explore various regions of Mozambique
• Major players of the trade are now cashing in big money to establish their dominance in the unexplored parts of Mozambique.   
• Tete province of Mozambique has also got investment funds from top notch honchos of the corporate world as well as leading International institutions creating employment opportunities for the people of Mozambique.
• Leading mining companies have secured their legal rights for iron ore mining and exploration in Mozambique and various other parts of the region.

Considered as the major mineral mining company, Rachana Global Excavation Ltd is continuously involved in finding new avenues for mineral mining including iron ore mining, coal mining, titanium mining, tantalum mining, fluorite mining and many such minerals. The company has also acquired legal rights for extraction of minerals economically in various parts of Mozambique. Our team is formed of experienced geologists, geotechnical engineers, iron mining engineers, iron ore technologists and surveyors involved in iron ore mining procedure. Contact Rachana Global for more details.